Kasowitz Files Lawsuit on Behalf of SL Green Against Delaware North Relating to Aqueduct Racetrack Rights

April 20, 2009

Kasowitz filed a lawsuit on April 17, 2009 on behalf of real estate developer SL Green Realty Corp. and Aqueduct Development Partners LLC (together, "SL Green") against Delaware North Companies Gaming and Entertainment, Inc., arising from Delaware North's alleged breach of its contractual and fiduciary obligations to SL Green in connection with the parties' agreement to jointly submit to New York State a bid for the rights to operate Video Lottery Terminals at Aqueduct Racetrack. The complaint, filed in New York State Supreme Court, alleges, among other things, that Delaware North secretly prepared and improperly submitted a competing bid. Kasowitz partners Mark Ressler, Albert Shemmy Mishaan are leading SL Green's representation.